Blog | G5 Cyber Security

Russia Wants to Kick Foreign Tech Companies Out Of The Nation

German Klemenko, the first internet advisor of Vladimir Putin, wants to kick off American Giants from Russia. He plans to hike the tax on foreign companies, including Google and Apple, by 18% VAT on their applications & services sold online. It is estimated that Apple, Google and other companies are nearly gaining RUB 300 Billion (..2.7 Billion, US$4 Billion) in revenue every year from Russia. The proposed movement will be backed up by Andrey Logovoi, a parliament lawmaker and former KGB agent, who have been accused by the UK of assassinating former agent Alexander Litvinenko.

Source: https://thehackernews.com/2016/02/russia-tech-companies.html

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